Extremely satisfactory 2021

Nasdaq OMX Copenhagen A/S Skjern 10 February 2022
Nikolaj Plads 6
1007 København K

Annoncement 2/2022

• Profits before tax of DKK 204,5 million

• Equity yielded interest of 17.9 % before tax

• Core earnings amounted to DKK 175,6 million

• Net interest and fee income increased by 9,6 % to DKK 381 million

• Impairment DKK -15,2 million, corresponding to -0.2 % of loans and guarantees

• Loans increased 11.7 % amounted to DKK 4,720 million and deposits amounted to DKK 7,028 million

• Satisfactory capital ratio of 22.2 % and individual solvency requirements of 9.8 %

• Dividend of DKK 3 per share, corresponding to 17.7 % of the net profit for the year

• Profit before tax in 2022 is expected to be in the range of DKK 175 – 205 million

Kind regards
Skjern Bank

Hans Ladekjær Jeppesen Per Munck
Chairman of the Board Director

Questions should be directed to Director Per Munck by phone at 21 73 30 04.

Attachment

• SKJEUK-2021-12-31